CEN.ASX: February 2025 Operating Report

February 2025 Operating Report

Stock	Contact Energy Ltd (CEN.ASX)
Release Time	18 Mar 2025, 7:30 a.m.
Price Sensitive	Yes

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Contact Energy Ltd reports February 2025 operating results

Key Points

Mass market electricity and gas sales of 237GWh, down from 252GWh in February 2024
Wholesale electricity sales of 632GWh, down from 643GWh in February 2024
Unit generation cost increased to $70.95/MWh from $46.23/MWh in February 2024

Full Summary

Contact Energy Ltd has released its February 2025 operating report, providing an overview of the company's performance during the month. The Customer business recorded mass market electricity and gas sales of 237GWh, down from 252GWh in February 2024, while the Wholesale business recorded contracted electricity sales, including that sold to the Customer business, of 632GWh, down from 643GWh in the prior year period. The report also highlights that the unit generation cost, which includes acquired generation, increased to $70.95/MWh in February 2025 from $46.23/MWh in the same month of the previous year. The company provided updates on the progress of its Te Huka 3 and Battery Energy Storage System (BESS) projects, as well as information on hydro storage levels and wholesale electricity pricing. The report also includes operational data and environmental, social, and governance (ESG) metrics for the quarter.